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ACI-NA’s Burke Discusses Impact Of Aid Package

ACI-NA’s Burke Discusses Impact Of Aid Package

Editor’s Note: In a victory for airports fighting against losses caused by the COVID-19 pandemic, the $2 trillion stimulus package approved by the federal government includes $10 billion for the airport industry. AXN’s Carol Ward spoke with Kevin Burke, president and CEO of Airports Council International-North America (ACI-NA), about the…

$10B Earmarked For Airports In Stimulus Package

$10B Earmarked For Airports In Stimulus Package

…said Kevin Burke, Airports Council International-North America (ACI-NA) president and CEO. “American airports rightfully took immediate precautions to guard against the spread of COVID-19, long before the virus started to spread to thousands of people in the United States, and they will continue to do so.” Burke also praised Congressional…

InMotion Announces Leadership Changes, Employee Furloughs

InMotion Announces Leadership Changes, Employee Furloughs

In the wake of the COVID-19 pandemic, InMotion Entertainment Group said Wednesday that company president Jeremy Smith has decided to fully retire from the business. Smith had previously served as both president and CEO but had moved solely into the president role at the turn of the year. “His leadership…

More Airports Offer Relief To Struggling Operators

More Airports Offer Relief To Struggling Operators

With the effects of COVID-19 continuing to ravage the industry, several more airports have taken steps to mitigate the challenges faced by their business partners. AXN has reached out to the largest airports in the U.S. and Canada to find out what relief they are offering concessionaire partners. A compilation…

IATA: Passenger Revenue Could Fall $252 Billion in 2020

IATA: Passenger Revenue Could Fall $252 Billion in 2020

The International Air Transport Association (IATA) this week says it now estimates that industry passenger revenues could plummet $252 billion, or 44 percent below 2019 revenue numbers due to the impact of COVID-19 and expected economic downturn. This is a scenario in which the organization expects severe travel restrictions lasting…